BSS-24 Price fall in large-caps drives stocks down

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ZCZC

BSS-24

STOCK-WEDNESDAY-CLOSE

Price fall in large-caps drives stocks down

DHAKA, Oct 17, 2018 (BSS) – Stock markets closed on Wednesday of the week
with downward trend due mainly to price fall in large-cap securities despite
higher transactions.

The falling major sectors were food and allied, pharmaceuticals and
chemicals, textile and engineering. A total of 154 securities of the large-
cap group moved down due to lower activities.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with
19.10 points down at 5,380.78. The Shariah DSES and the blue-chip DS30 also
followed the same trend with 5.75 points down at 1,248.44 and with 5.29
points down at 1,897.88 respectively.

The daily trade rose to 13.07 crore shares from Tuesday’s 11.85 crore
shares and the day’s trade value at the DSE increased to Taka 511.44 crore
from Taka 492.53 crore of the previous session.

At the DSE, prices of 96 securities out of the day’s 336 closed higher
against 183 losing issues.

The major gaining issues were BD Finance, Republic, Reliance Insurance,
Uttara Bank and Tosrifa. The major losing companies were Fine Foods,
SILVAPHL, Prime Textile, Shurwid and MHSML.

UPGDCL topped the turnover list followed by KPCL, DSSL, Summit Power and
Ifad Autos.

The Chittagong Stock Exchange (CSE) closed the day with downward trend
with its major CASPI 68.71 points down at 16,539.13.

At the CSE, 232 issues were traded. Of those, 61 closed higher and 137
closed lower when 70.52 lakh shares worth Taka 18.87 crore changed hands.

BSS/KUC/MRI/1736 hrs